Question: Ernest, who owed money to Will, offered will a check signed by Geri as the drawer and payable to Bearer. Will asked Ernest to add
Ernest, who owed money to Will, offered will a check signed by Geri as the drawer and payable to "Bearer." Will asked Ernest to add his signature as endorser, claiming that otherwise ownership of the instrument would not pass to Wil. Was Will correct? Why or why not?
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Answer Will is not correct The check is already made payable to bearer which means t... View full answer
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